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File #: 17-4539   
Type: Real Property Sale
In control: City Council A Session
On agenda: 1/11/2018
Posting Language: An Ordinance declaring a 0.329 acre tract of land at 900 East Olmos Drive in Council District 1 as surplus and authorizing its sale to Tronco de Arbol, LLC for $93,750.00. [Peter Zanoni, Deputy City Manager; Mike Frisbie, Director, Transportation & Capital Improvements]
Attachments: 1. Olmos_Plat-Field Notes, 2. Olmos_Sales Contract, 3. Olmos Dr_ Form 1295, 4. Olmos Dr_Contracts Disclosure, 5. Draft Ordinance, 6. MAP_Olmos Drive-Surplus, 7. Ordinance 2018-01-11-0007, 8. Staff Presentation
DEPARTMENT: Transportation & Capital Improvements




Declaring as surplus, authorizing the sale, and issuing a quitclaim deed for property near U.S. Highway 281 and Olmos Drive.


An ordinance declaring as surplus, authorizing sale and issuing a quitclaim deed for a 0.329 acre unimproved tract of land located at 900 East Olmos Drive to Tronco de Arbol, LLC for a sales price of $93,750.00.


The petitioner, Tronco de Arbol, LLC, purchased a 4.82 acre tract of land located at 900 E Olmos Drive, Olmos Park, Texas in 2015. During the process of insuring the property, the petitioner's title company discovered a cloud, or defect, on 0.329 acres that showed no clear ownership and would not insure that portion of the property. Subsequent research identified the City of San Antonio within the chain of title dating back to the 1920s. In order for the petitioner to pursue the insurance and title on the 0.329 acres, the City can indicate no interest in the property through a quitclaim deed. This can be accomplished through the City declaring as surplus, authorizing the sale and issuing a quitclaim for the 0.329 acres to the petitioner. Petitioner submitted a request to the city to declare the subject property as surplus and sell the property to the petitioner. If this request is approved, the city will issue a quitclaim deed of its interest in the subject property.

In accordance with City Code, the subject property was reviewed by City Departments and Utilities and was determined to be surplus. The portion of the property located within San Antonio city limits is zoned R-5 single family residential and was determined to be developable. In compliance with Local Government Code, Chapter 272, the property was advertised for sealed bid on June 9 and June 12, 2017 in the San Antonio Hart Beat. Petitioner was the sole bidder and submitted a bid...

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